SoftwareOne plans secondary listing in Oslo amid Crayon takeover

Published 04/02/2025, 10:36
© Reuters.

Investing.com -- Swiss software and cloud firm, SoftwareOne Holding, intends to apply for a secondary listing of its shares in Oslo.

This move comes as the company progresses with its planned acquisition of Norwegian IT services provider, Crayon Group.

SoftwareOne had previously revealed its plans to acquire Crayon in a deal involving stock and cash. The company now anticipates the transaction to be finalized in June, a shift from its earlier guidance which projected completion in the third quarter.

As part of the deal, Crayon shareholders will be offered 0.8233 new shares in SoftwareOne and 69 Norwegian kroner ($6.08) in cash for each Crayon share they hold.

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